WorksheetsMacroeconomics (ECO211)
Total questions: 20
Worksheet time: 16mins
The proportion of any change in income that is spent rather than saved is
the multiplier
income determinants
marginal propensity to consume
macroeconomic equilibrium
An economy is in macroeconomic equilibrium. If Y = 200, C =100, I =30, G=40 and M =30, what is the value of exports?
60
40
90
80
The slope of the consumption function is
equal to the MPC and is equal to 1.
equal to the MPC and is less than 1.
not equal to the MPC and is less than 1.
equal to the MPC and is greater than 1.
The three major macroeconomic goals do not include
full employment
price level stability
sustained economic growth
high levels of environmental quality
Which of the following is an macroeconomics statement?
The price of iPad increase about 8.5%.
The inflation rate of Malaysia is 3.1% in 2019.
FELDA profit increases every year
The price of chicken increasing during Chinese New Year
High levels of GDP per capita indicates
higher levels of happiness
higher standard of living
equal levels of wealth
self-sufficient communities
Which type of unemployment is caused by employee skills that are obsolete and no longer needed?
Structural
Seasonal
Frictional
Cyclical
Which of the following jobs would be considered seasonal?
snow plow driver
cashier at a grocery store
part-time veterinary tech
traveling nurse
becomes too plentiful
becomes too portable
When a bank makes a loan of $1,000, then
the money supply increases by $1,000
the money supply decreases by $1,000
nothing
the bank owes the FED $1,000
In which of the following categories are there transactions of balance of trade recorded?
Visible items
Invisible items
Capital transfers
All of these
Which of the following is not a part of current account?
Export of goods
Imports of services
Grants and gifts
FDI
The sale of a Mercedes-Benz from Germany to France would be recorded as a merchandise export in the ________ account of Germany's balance of payments.
Capital
Current
Official reserves
Export
The process of money creation or credit creation is done by
commercial banks
central bank
World Bank
rural bank
The smallest fraction of bank deposits a bank is required by the central bank to hold
reserve ratio
capital requirement
deposit assurance
mortgage insurance
Which of the following is not considered to be one of the necessary conditions of Mudharabah?
Profit is to be shared according to the profit sharing ratio determined at the inception of the contract
The capital provided cannot pay a periodical salary to the mudharib
Loss is to be borne by the capital provider in all cases, even if it is due to the negligence of the mudharib
Sub-Mudharabah is not allowed without the permission of the capital provider
Taxing and spending to slow the economy is referred as
